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Dec 31, 2012
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through those on higher income americans, higher payroll tax cut, you threshold for writing off your healthcare expenses goes off, you have medical device maker tax, you name it, when i look at this, i only think that this is the beginning of years of tax increases on, not just wealthy americans, but everybody, potentially. >> dagen, you hit on two key point there. the folks are underestimating the impact of all of these tax increases, which equates to about one percentage point of gdp. that would be a lot for the economy to take if we had a strong economy. we do not have a strong economy. the other point is, right on the money, this is not the end of the process. the agreement, it is just the start of the beginning. it is the very beginnnng of the process. it will get tougher from here on out. how can they come to any3 meaningful agreement leading up to the debt ceiling. dagen: well said. happy new year. enjoy yourself. >> have a happy new year. dagen: thank you. we will see you in 2013. flying the friendly skies. not so much. the airlines with the rudest workers. you can probably guess number
through those on higher income americans, higher payroll tax cut, you threshold for writing off your healthcare expenses goes off, you have medical device maker tax, you name it, when i look at this, i only think that this is the beginning of years of tax increases on, not just wealthy americans, but everybody, potentially. >> dagen, you hit on two key point there. the folks are underestimating the impact of all of these tax increases, which equates to about one percentage point of gdp....
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united healthcare has been weighing on the dow jones industrials. the transportation index is doing quite well today but i want to take a look at one of the airlines, delta airlines. take a look at delta, delta is up 1%, at a 52 week high. it goes back to early january of 2011. almost into the 2010 days. almost a multi-year high but you can see it is doing well because of higher traffic they have been seeing, particularly latin america. we saw that grow by 12%. doing well with increased traffic in december helped by international flying demand. cheryl: we will see you in 14 minutes. breaking news right now. the 113th conference -- congress now being gaveled into session. among the issues on their plate two spending cuts that could take effect in february, raising the debt ceiling, a vote on aid to victims of superstorm sandy and in 15 minutes republicans voting against john boehner to be house speaker. you just saw karen haas on the floor of the house calling the house into order. there was the gavel. let's bring in peter barnes who is standing by o
united healthcare has been weighing on the dow jones industrials. the transportation index is doing quite well today but i want to take a look at one of the airlines, delta airlines. take a look at delta, delta is up 1%, at a 52 week high. it goes back to early january of 2011. almost into the 2010 days. almost a multi-year high but you can see it is doing well because of higher traffic they have been seeing, particularly latin america. we saw that grow by 12%. doing well with increased traffic...
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Dec 26, 2012
12/12
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hewlett-packard doing nicely with bank of america being a top winner but on the down sides, united healthcare and boeing have been under pressure. we have seen j and j and pfizer going back and forth and microsoft had a down arrow earlier. there's a look at the nasdaq down nearly 1% and below the 3,000 mark again as well. this is the environment. certainly commodities and people talk about oil, oil is up $2 and off of highs earlier today, that is a major factor in this market. dennis: more to the next big government bailout than meets the eye. liz macdonald tells us the white house is backing a plan to help out underwater mortgages and not just for government underwritten loans. shibani: let's take a look if you own these stocks on the nasdaq you are making money today. research in motion, netflix, a lot. dennis: the christmas movie box office cannot non-violent are rated westerns by quentin tarantino against a broadway musical based on a nineteenth century novel, was miserables and the musical won. universal's less miserables broken 18.one million dollar guarantees, tarantino break-in $15 mi
hewlett-packard doing nicely with bank of america being a top winner but on the down sides, united healthcare and boeing have been under pressure. we have seen j and j and pfizer going back and forth and microsoft had a down arrow earlier. there's a look at the nasdaq down nearly 1% and below the 3,000 mark again as well. this is the environment. certainly commodities and people talk about oil, oil is up $2 and off of highs earlier today, that is a major factor in this market. dennis: more to...
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Dec 28, 2012
12/12
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other healthcare companies as well and environmental companies such as waste management and republicans industries. these are the company's that get 50% or more of their sales from government contracts. when you see spending cuts coming you can imagine they will have to be dialing back on their own capital investment. adam: we are talking about cuts right now but then we have tax hikes. people have less money immediately. some of these will play out over the next few months. people who might lose their jobs won't lose immediately but all of us have less many come january 1st to spend and as we spend less money there are a bunch of companies not on that list, retailers, the money won't be out there. adam: talk to goldman sachs or barkleys too, looking at all sectors and trying to rank sectors that will get it the most and the worst, basically treasury secretary tim geithner put out the word, tax filing season will be delayed, tax refunds will be delayed, consumers won't have that money in their pockets and consumer conference is sagging but there's optimism always in the u.s. financial m
other healthcare companies as well and environmental companies such as waste management and republicans industries. these are the company's that get 50% or more of their sales from government contracts. when you see spending cuts coming you can imagine they will have to be dialing back on their own capital investment. adam: we are talking about cuts right now but then we have tax hikes. people have less money immediately. some of these will play out over the next few months. people who might...
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Dec 31, 2012
12/12
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changes for healthcare. that is coming up next. shibani: we are also waiting for the president's remarks live from the white house. we will bring them to you live. ♪ droid dna augmentation initiated. vision expanding to a 5-inch 1080p hd display and camera. touch acquiring nfc. hearing evolng with beats audio. wireless charging activated. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. the 952013 kicks off, affordable care act will be front and center. we know there will be an eventful year. what are some of the biggest things we need to keep an eye on >> the biggest thing is the affordable care act. the obama administration sees this as the key here for getting it implemented. there is a problem with that, though. most of the governors do not want to participate. ashley: if they do not participate, does that mean the federal government comes in and takes over? >> that is exactly what it means. the federal government comes in and does it for you. if you do it yourself, though, in your
changes for healthcare. that is coming up next. shibani: we are also waiting for the president's remarks live from the white house. we will bring them to you live. ♪ droid dna augmentation initiated. vision expanding to a 5-inch 1080p hd display and camera. touch acquiring nfc. hearing evolng with beats audio. wireless charging activated. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. the 952013 kicks off, affordable care act will be front and...